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BVS Purpose and Articles of Incorporation

Purpose of the HOA
 

HOA was established and incorporated as a Texas non-profit corporation in 1972 by the original developers of Balcones Village for the homeowners. Articles of Incorporation (AOI) are registered with the Office of the Texas Secretary of State.  The AOI were amended in 1979 to include Spicewood at Balcones and the name was changed to Balcones Village Spicewood Homeowners' Association.  

Originally, the Architectural Control function in the deed restrictions was assigned to a committee of three individuals on the development team. In 1992, when the development was substantially complete, the function of the Architectural Control Committee was transferred from the developer to the HOA. The purpose statement in Article IV of the Articles of Incorporation was amended in early 2021 by 99% of the voting members to incorporate this change in responsibility.  The amendment was filed with the Office of the Texas Secretary of State.  
 

Article IV Purpose as amended reads as follows: ​​

  

The corporation is organized for the purpose of ensuring the subdivisions known as Balcones Village and Spicewood at Balcones Village are developed and maintained as residential areas of high standard by:

  • Striving to maintain compliance with the restrictions, covenants, conditions, and uses documents applicable to the properties within those subdivisions, 

  • Solving common problems, 

  • Facilitating activities to enhance the enjoyment of the community at large, and

  • Undertaking acts the Board of Directors determines to be in the interest of its members.

 

The corporation is organized and operated exclusively for non-profit purposes. No part of any net earnings shall inure to the benefit of any private member of the corporation. Notwithstanding any other provision of these articles, this corporation shall not, except to an insubstantial degree, engage in any activities or exercise any powers that are not in furtherance of the purposes of this corporation.  

 

ARTICLES OF INCORPORATION OF
BALCONES VILLAGE – SPICEWOOD HOMEOWNERS’ ASSOCIATION INC. ADOPTED MARCH 1972
As Amended August 1979 and February 2021 

We, the undersigned natural persons of the age of twenty-one (21) years or more, at least two of whom are citizens of the State of Texas, acting as incorporators of a corporation under the Texas Non-Profit Corporation Act, do hereby adopt the following Articles of Incorporation for such corporation. 

ARTICLE I. (as amended 1979)
The name of the corporation is Balcones Village – Spicewood Homeowners' Association, Inc. 

ARTICLE II.
The corporation is a non-profit corporation. 

ARTICLE III.
The period of its duration is perpetual. 

ARTICLE IV. (as amended in 2021)
The corporation is organized for the purpose of ensuring the subdivisions known as Balcones Village and Spicewood at Balcones Village are developed and maintained as residential areas of high standard by: 

  • Striving to maintain compliance with the restrictions, covenants, conditions, and uses documents applicable to the properties within those subdivisions, 

  • Solving common problems,          

  • Undertaking acts the Board of Directors determines to be in the interest of its members. 

The corporation is organized and operated exclusively for non-profit purposes. No part of any net earnings shall inure to the benefit of any private member of the corporation. Notwithstanding any other provision of these articles, this corporation shall not, except to an insubstantial degree, engage in any activities or exercise any powers that are not in furtherance of the purposes of this corporation. 

ARTICLE V.
The street address of the original registered office of the corporation is 807 Brazos, Suite 802, Austin, Travis County, Texas, and the name of its initial registered agent at such address is Milton Bankston. 

ARTICLE VI.
The number of directors constituting the initial board of directors of the corporation is eight (8), and the names and addresses of the persons who are to serve as the current directors are: 

            Curtis Smith                8713 Crest Ridge Circle, Austin, Texas

            Lena Lankford             8610 Crest Ridge Circle, Austin, Texas

            Arch Thompson          8813 Balcones Club Drive, Austin, Texas

            Richard Langwell        11808 Brookwood Road, Austin, Texas

            Gil Hickenbottom        9303 Clearock, Austin, Texas

            Leon Lurie                  2806 Silverway Drive, Austin, Texas
            Bud Taylor                  9200 Cedar Forest, Austin, Texas

            Howard Schmidt        11912 Brookwood Circle, Austin, Texas

ARTICLE VI I.
The name and street address of each incorporator is:
Milton Bankston         807 Brazos, Suite 802, Austin, Texas
E. 0. Rinehart, Jr.        512 E. Riverside Drive, Suite 114, Austin, Texas 
Ruth Shockley            512 E. Riverside Drive, Suite 114, Austin, Texas 

Articles of Incorporation of Balcones Village – Spicewood Homeowners’ Association, Inc. – Restatement 2021 

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